An international consortium, represented by private equity firm KKR, is expected to snap up the Dutch Accell Group. The bike brands Haibike, Ghost, Lapierre, Winora, Koga, Babboe and Sparta will change hands for the sum of 1.56 billion euros. In a statement, the investors explain that the Accell Group is to be strengthened as a bicycle and in particular e-bike manufacturer.

Ton Anbeek, CEO of Accell Group, emphasizes that this step ensures that the group's position is strengthened and acquisitions are examined. Daan Knottenbelt, Partner, Head of Benelux at KKR says: "The consortium, together with Accell Group, is committed to further developing the Netherlands as the world capital of cycling by expanding the company's leading position in the European e-bike market and further strengthening its strong heritage brands."